How much debt does Iren SpA have?
According to Iren SpA's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Iren SpA's total debt stands at $653.22M. This is broken down into:
- Long-term debt: $4.05B
- Short-term debt: $735.69M
The company's net debt, which accounts for cash and cash equivalents, is $217.09M. In terms of overall financial obligations, Iren SpA's total liabilities amount to $8.44B.
Debt Ratios and Metrics
To better understand Iren SpA's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.23 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 5.59% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.03 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 58.77% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 18.88% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Iren SpA's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$653.22M
Long-term Debt
$4.05B
Short-term Debt
$735.69M
Net Debt
$217.09M
Total Liabilities
$8.44B
Interest Coverage
4.03
Debt to Equity Ratio
0.23
Debt Ratio
5.59%
Iren SpA Historical Debt Metrics
Iren SpA Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $653.22M | $4.05B | $735.69M | $217.09M | $8.44B | 0.23 | 5.59% | 4.03 | 58.77% | 18.88% |
| 2022 | $106.62M | $4.27B | $96.88M | $-681.78M | $8.53B | 0.04 | 0.91% | 7.39 | 60.57% | 3.74% |
| 2021 | $3.94B | $3.55B | $465.96M | $3.33B | $7.36B | 1.53 | 38.22% | 8.43 | 57.79% | 60.52% |
| 2020 | $3.98B | $3.83B | $278.71M | $3.09B | $6.79B | 1.66 | 41.65% | 6.88 | 61.38% | 62.46% |
| 2019 | $3.51B | $3.08B | $461.71M | $3.16B | $6.15B | 1.53 | 39.85% | 5.18 | 57.19% | 60.52% |
| 2018 | $3.35B | $2.93B | $437.36M | $2.98B | $6.01B | 1.53 | 39.07% | 4.25 | 57.27% | 60.50% |
| 2017 | $3.12B | $2.93B | $168.67M | $2.95B | $5.40B | 1.47 | 39.45% | 4.58 | 57.96% | 59.48% |
| 2016 | $3.24B | $2.84B | $387.44M | $2.98B | $5.51B | 1.65 | 41.50% | 3.14 | 59.16% | 62.30% |
| 2015 | $2.87B | $2.66B | $168.63M | $2.73B | $4.83B | 1.57 | 41.59% | 3.42 | 59.36% | 61.10% |
| 2014 | $2.83B | $2.17B | $657.72M | $2.78B | $4.91B | 1.61 | 40.98% | 2.87 | 55.15% | 61.62% |
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